- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Los Angeles CA 90071-1406 Los Angeles CA United States of America 90071-1406
- IPO Date
- Mar 15, 2001
- Business
- American Funds SMALLCAP World Fund F1 (SCWFX) is an open-end mutual fund that seeks long-term growth of capital by investing primarily in common stocks and other equity-type securities of small-cap companies worldwide; it normally allocates at least 80% of net assets to such securities, with approximately 48.8% in U.S. equities and 48.4% in non-U.S. equities across diverse sectors including industrials (25.4%), information technology (15.9%), financials (15.4%), and consumer discretionary (14.3%). The fund offers share classes including F-1 with a minimum initial investment of $250, annual management fees of 0.60%, and a total expense ratio of 1.08%; it distributes regular dividends in December and capital gains annually, with portfolio turnover at 41% as of 2025. Geographically, it operates with exposure to the United States (about 50%), Canada (4.8%), Europe & Middle East (20.1%), Japan (7.6%), and emerging markets (14.1%), managed by a team of investment professionals such as Julian Abdey, Peter Eliot, and Brady Enright under Capital Research and Management Company, a division of Capital Group.
Launched on April 30, 1990, and headquartered in Los Angeles, California, the fund is part of the American Funds family offered by Capital Group, one of the world's largest active investment managers, targeting growth-oriented investors in the global small/mid-cap stock category.
In recent developments, the fund maintained assets under management of $81.85 billion as of October 31, 2025, reflecting sustained investor interest amid a 13.86% YTD return; its prospectus was updated on December 1, 2024, and it paid a modest income dividend of $0.0253 per share in June 2025. Capital Group, the fund's parent, announced strategic initiatives in 2025 including the filing for two public-private fixed income funds in partnership with KKR, expected to launch in the first half of the year pending regulatory approval, and the launch of eight new active model portfolios in March 2025 to broaden investor access to hybrid public-private solutions. These moves align with Capital Group's 2025 Investment Outlook and Capital Market Assumptions, which lower long-term equity and bond return estimates but remain positive for global investors, alongside ongoing firmwide self-assessments optimizing personnel for small-cap strategies.